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Economy

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Iceland: 11% fall in catch value in 2014

Iceland’s catch value decreased by 11 per cent to 136 billion kronor last year, according to the most recent data from Statistics Iceland. The total v...

IcelandApril 1, 2015
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Young adults in Finland among those at greatest risk of poverty

Statistics Finland has said that as many as 700,000 people in the country could be classed as “very low income earners”, with one-fifth of that number...

FinlandMarch 27, 2015
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Unemployment on the up in Iceland

Iceland’s unemployment rate increased to 4.6 per cent in February, marking a slight year-on-year rise of 0.2 per cent, according to data published by ...

IcelandMarch 23, 2015
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Greenland’s Aluu Airlines postpones June launch date

Aluu Airlines, a new Greenlandic carrier, has confirmed that it will not be launching on 1 June as initially scheduled and has not given a new date fo...

GreenlandMarch 9, 2015
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Kaupthing bankers jailed for fraud in Iceland

Iceland’s Supreme Court has rejected appeals by four Kaupthing executives and upheld their prison sentences for their part in the country’s 2008 finan...

FinanceFebruary 20, 2015
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Icelandic exporting more cod to Spain than anywhere else

Spain has overtaken the UK to become Iceland’s number one cod market in terms of volumes, revealed Marko Partners’ Seafood Intelligence Report. In 201...

IcelandFebruary 16, 2015
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Fisheries chairman: Industry needs political stability

Iceland’s fisheries are finding it difficult to plan for the future because of political instability and ongoing policy shifts, according to the new F...

BusinessFebruary 7, 2015
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Faroe Islands FTA with Turkey another blow for Scottish pelagic industry

The Faroe Islands have signed a Free Trade Agreement (FTA) with Turkey in a move that Scottish pelagic industry members have described as “another dev...

BusinessJanuary 6, 2015
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